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As per the new law from this year, Individuals will have to pay late fee after last date to file income tax return for the FY 2018-19 Rs· 5000 if tax is filed after due date of 31 August but on before 31 December of that assessment year (in this case 31 December 2019)
Tax Day; Observed by: United States: Type: National: Significance: Due date for federal individual income tax returns: Date: April 15 (Monday through Thursday) April 17 (Tuesday; April 15 is Sunday, and Monday is a holiday)
Due dates vary. A belated return, under §139(4), may be filed before the end of the assessment year. A revised return, under §139(5), may be filed for a normal or belated return by the end of the assessment year. An assessing officer may flag a defective return under §139(9). Defects must be rectified by the taxpayer within 15 days of ...
Be sure to mark Apr. 15, 2025, as the tax payment deadline for your 2024 taxes and plan accordingly for both your federal income taxes and state taxes.
Tax Dates. Important Deadlines. Jan. 15, 2025. The due date for quarterly taxpayers. This is for your estimated tax payments for the 4th quarter. This includes income you earned from Sept. 1 ...
In 2024, federal income tax rates remain at 10%, 12%, 22%, 24%, 32%, 35%, and 37%. While these rates stay the same for 2025, the income thresholds for each bracket will adjust for inflation.
Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance, Government of India. The New Tax Regime is a scheme of Income tax in India first proposed in Union Budget 2020–21. [1]
A change in the tax season kickoff date The 2025 tax season started two days earlier in 2025 than 2024, which one might imagine would generate more filings by now. But it didn't.